Gazprom

Miller reelected as Russia's Gazprom CEO

The Board of Directors of Gazprom unanimously resolved to re-elect current Chief Executive Officer of the gas holding Alexei Miller for the next five-year term, the company says on Wednesday. His powers will be extended from May 31, …

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Gazprom increases France gas export 1.5-fold year-to-date

Gas export to France by Gazprom has increased by almost 1.5-fold since the beginning of the year, whereas reserves in the country’s underground storage facilities have dropped below 30%, Russia’s top gas producer said in a statement …

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Will Europeans speak with one voice on Nord Stream 2 issue?

The Fortuna pipelayer, together with the Baltic research and Murman construction vessels, are to complete the construction of two lines of the Nord Stream 2 gas pipeline in the exclusive economic zone of Denmark by late April 2021, the construction operator Nord Stream 2 AG reports. Germany remains the largest buyer of Russian gas in Europe. It is followed by Italy, Great Britain, France and Austria

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Oil production in Russia falls to ten-year low

According to the data of the Central Dispatching Department of the Fuel Energy Complex,  oil and gas condensate production in Russia decreased by 8.6% - to 512.68 million tons in 2020. Thus, the largest reduction was documented in …

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Gazprom extends contract for gas supplies to Armenia

Russian natural gas holding Gazprom has extended the contract for the supply of gas to Armenia in the first quarter of 2021, according to Gazprom Export. The contract was extended on December 30 by Gazprom Export LLC and Gazprom …

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Gazprom reports massive profit slump in first half

Russia's energy giant Gazprom announced that net profit fell 25-fold in the first half of 2020 due to the economic crisis triggered by the coronavirus pandemic and low oil and gas prices. The state-controlled group posted a net …

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Russia's Gazprom says H1 gas exports to Europe fell 18%

Natural gas exports from Russia's Gazprom to Europe, including Turkey, fell 18% in the first half of the year to 78.94 billion cubic metres from 96.43 bcm a year earlier, the company reported on Thursday, Reuters reports. The sharp …

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Poland fines Gazprom $57 million over Nord Stream 2

Poland’s anti-monopoly watchdog UOKiK said on Monday it had fined Gazprom 213 million zloty ($57 million) for lack of cooperation in its proceedings with regard to the Nord Stream 2 pipeline project. Poland sees Nord Stream …

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